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Every editor, Zhang Jinhe　　　　

On the evening of October 8, 2023, Hengda Automobile announced the resumption of trading and disclosed the latest progress of the war investment.

Evergrande Motor said in the announcement that on September 29, 2023, it received a letter from Newton Group stating that in view of Evergrande Motor’s announcement of the suspension of trading of its shares on September 28, 2023, together with a series of recent changes in China Evergrande, which in turn will also bring significant uncertainty to the share purchase agreement and the proposed transaction. According to the share purchase agreement, the completion of Evergrande Group’s workout and a series of other prerequisites are very important prerequisites for closing. In this case,Newton Group suspends its obligations under the share purchase agreement.　

Newton Group said that according to the transitional financial support agreement, due to the current situation that the preconditions under the share purchase agreement cannot be met, the preconditions for Newton (Zhejiang) Automobile to pay the second and third funds to Hengda New Energy Vehicle (Tianjin) have not been met.It is not obligated to pay the second and third tranches of funds to Hengda New Energy Vehicle (Tianjin) for the time being.　

In addition, Newton Group also hopes that Hengda Automobile will reply to clarify the following aspects:

First, the Hengda Group workout plan involved in the share purchase agreement needs to be readjusted, and there are plans to launch a new restructuring plan;

Second, China Evergrande, Evergrande Automobile, creditors and related parties are willing to renegotiate the adjustments required for the proposed transaction plan on the premise that the new restructuring plan is clear.

Third, Newton Group confirms that the letter sent to Hengda Automobile does not constitute a notice to terminate the share purchase agreement, and there is no request to terminate the share purchase agreement as of the date of issuance.

Evergrande Automobile pointed out that on October 5, 2023, it sent a reply to Newton Group.Expresses its willingness to renegotiate with it any necessary adjustments to its plans for the proposed transaction.Evergrande also said it would make further announcements in due course in accordance with the Listing Rules and Takeover Rules.　

The board of directors of Evergrande Automobile believes that,It currently has no other insider information that needs to be released.It has applied to the Stock Exchange to resume trading from 9:00 am on October 9, 2023.　At the same time, Evergrande also cautioned that as the proposed transaction may not proceed, shareholders and potential investors should exercise caution during the transaction.

On the evening of August 14, Hengda Automobile (0708.HK) issued an announcement,The first strategic investment of US $500 million (about RMB 3.63 billion) by the US-listed company Newton Group (NWTN), which is held by the UAE sovereign fund, and 600 million RMB transition funds will arrive one after another 5 working days after the announcement…

All investment funds are used in Hengda Automobile’s Tianjin factory to ensure the normal production of Hengchi 5 and the successive mass production of Hengchi 6 and 7It is reported thatNWTN Group will also assist Hengda Automobile to develop overseas markets and achieve the annual export of 30,000 – 50,000 Hengchi vehicles to the Middle East market…

Before the suspension, Hengda Automobile’s share price was HK $0.56, and its market value was HK $6.073 billion.

On the evening of September 21, Hengda Automobile released the 2023 semi-annual report, showing that as of June 30, 2023, the company’s total assets 42.852 billion yuan (RMB, the same below),Total liabilities 75.692 billion yuan.

As of June 30, 2023, Hengda Motor borrowed 26.997 billion yuan, up 1.011 billion yuan from 25.985 billion yuan at the end of 2022.

As of June 30, 2023, Hengda Automobile was involved inFailure to pay off maturing debts accumulated about 9.341 billion yuan, the overdue commercial ticket accumulated about 3.591 billion yuan.

In the first half of 2023, Hengda will focus on the production and delivery of Hengchi 5, with more than 760 vehicles delivered.

On the evening of July 26, 2023, Hengda Automobile (00708.HK) released its 2021 and 2022 results announcement. For the year ended December 31, 2022,The Group incurred a loss of 27.664 billion yuan (2021: loss 56.344 billion yuan)As of December 31, 2022, the Group’s cumulative loss and shareholder loss were 98.906 billion yuan (2021: loss 71.241 billion yuan) and 68.651 billion yuan (2021: loss 39.339 billion yuan) respectively.Cash and cash equivalents at 31 December 2022 at $220 million (2021: $2.453 billion)…

Image source: Hengda Automobile Announcement

In terms of debt,Evergrande Automobile’s total liabilities in 2022 are 183.872 billion yuan, excluding the advance receipt 3.314 billion yuan, the debt scale is 180.558 billion yuan. As of December 31, 2022,The Group is involved in unliquidated maturing debts of approximately 11.626 billion yuanIn addition, as of December 31, 202,Group overdue tickets accumulated about 18.512 billion yuanAs of December 31, 2022, Hengda AutomobileThe total assets are 115.22 billion yuan, which is already insolvent…

According to Life Daily, Newton Group (NWTN) is the "pacesetter" of new energy vehicles in the United Arab Emirates, with deep ties to China. Newton Group was formerly known as the Tianjin-based company Iconic. After "Nirvana",Newton Group received funding from the UAE Royal Fund and was established in Dubai in 2016To be born again.Newton Group is now controlled by the Royal Group of the United Arab EmiratesIt has unique advantages in core technologies such as modular pure electric platforms, digital vehicle interconnection systems, electrical and electronic architecture, and autonomous driving. Supercar, full-size SPV, and compact SPV are the main products being developed by Newton Group.

As the first manufacturer to obtain a new energy vehicle production license in Abu Dhabi, the strength of Newton Group should not be underestimated. In May 2022, Newton Group announced that it signed a PIPE subscription agreement with Al Ataa Investment LLC (hereinafter referred to as LLC) in Abu Dhabi, UAE, with a total amount of 200 million US dollars. LLC is the UAE Royal Assets Company, which is not only an important part of the UAE economy, but also represents the national intention of the UAE’s special political system. This subscription shows the strong support of the UAE for new energy vehicles, and also shows the country’s determination to develop local new energy vehicles.

With the strong support of the UAE government,Newton Group successfully "landed" on Nasdaq in the United States on November 14, 2022, becoming the first stock in the United Arab Emirates’ new energy vehicle listing in the United States…

Before putting on the coat of "the first share of new energy vehicles in the United Arab Emirates", Newton Group was active in domestic and foreign markets as the "Iconic" brand.

According to Iconic’s official Weibo chat history, in September 2016, Tianjin Iconic New Energy Vehicle Co., Ltd. was established. In April of the following year, the company brought its first pure electric MPV to the Shanghai Auto Show and claimed that it had won nearly 10,000 pre-orders at home and abroad before it was listed. The first batch of new cars will be delivered in 2019.

Image source: Weibo screenshot

Similar to the "hot-selling" news of the product, there are also its big-name partners that have been officially announced, such as product design by W Motors, a Middle Eastern supercar manufacturer, prototype car building by Turin studio, and working with Microsoft to create future smart travel solutions.

However, as the time came to 2019, Iconic did not release more news on the delivery of orders. But at the same time, the company is still revealing new "highlights". According to a report by China News Service in April 2019, during the 2019 Shanghai Auto Show, Iconic founder and president Wu Nan announced that Iconic established Tianjin Tianqi New Energy Vehicle Co., Ltd.

In July of the same year, Tianjin Aikonik New Energy Vehicle Co., Ltd. was renamed Tianjin Tianqi Group Co., Ltd. At that time, many media reported that Aikonik and Tianjin Jinghai District Government, Tianjin Baili Machinery Equipment Group Co., Ltd. and Tianjin Jinghong Investment Development Group Co., Ltd. reached an agreement on the transfer of equity of Meiya Automobile, and thus obtained the car manufacturing qualification.

Inside the registered place of Tianjin Tianqi Group, picture source: Photo by Li Xing, every reporter

According to the news released by Tianjin Jinghai District Rongmedia Center in 2019, the Tianqi New Energy Vehicle Headquarters project will be settled in Jinghai District Ziya Economic and Technological Development Zone. The project is divided into two phases as a whole. The first phase starts the new energy vehicle production base project, and the planned annual production capacity is 50,000 new energy MPVs. It is expected to start construction in October 2019 and be completed and put into operation in October the following year.

However, there is no public information on the progress of the project.

Previously, a reporter from the "Daily Economic News" called the investment project department of the Jinghai District Government Service Office to inquire about the follow-up progress of the aforementioned project. After the other party’s inquiry, the project was not established in the system. "[The project unit at that time] may have an agreement with the district government, but it may only be a framework agreement, or a strategic agreement. In the end, the project unit may not be cost-effective (think) it is not suitable, or the supporting site selection may feel that there is a problem, and it will not be connected. Then the project will be completed in the end."

The daily economic news is comprehensive from Hengda’s announcement and the daily economic news (reporters: Zhu Chengxiang, Li Xing, Yang Yu)

Disclaimer:articleThe content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.

　　Recently, there have been frequent news about Meizu’s new mobile phone on the Internet, probably because the 15th anniversary of Meizu is getting closer and closer. The flagship phone that Huang Zhang personally promised to build for Meizu’s 15th anniversary is highly anticipated, so there are different opinions about this mysterious new product.

　　What has attracted the most attention and discussion is the picture of the three openings on the back of the fuselage, which has been interpreted by many people as the design of Meizu’s new machine. There is also news that Meizu’s flyme 7.0 is far away, which has aroused a lot of kerosene emotion. However, these revelations have recently been confirmed to be rumors: the online spy photos have nothing to do with Meizu’s new machine, and flyme 7.0 is not as the revelation said, "It’s still early".

　　In fact, Meizu has been able to attract so much attention because of its ingenuity in building products, which has won the recognition and love of the majority of users, and has therefore won more expectations.

　　Recently, both Gionee and OPPO have released new products. Gionee has released eight new models, focusing on full-screen. Among them, the MediaTek Helio P30 processor equipped with the mid-to-high-end S11S of Gionee is priced at 3,299 yuan; while OPPO’s new A79 mobile phone is equipped with the MediaTek Helio P23 processor, priced at 2,399 yuan. In comparison, Meizu can be said to be quite kind in terms of price.

　　Take Meizu’s recently released flagship model Pro 7 as an example. First of all, the production process is very sophisticated. It uses high-end skills to forge a luxurious texture, a new glossy wire drawing process, and an integrated metal body is forged. The brushed metallic luster is more noble. Even the small card slot is made of all-metal material to ensure the integrity of the fuselage. Whether it is visual or tactile, it creates top-notch craftsmanship. In the design field that Meizu has always been passionate about, the flagship model breaks through the industry design bottleneck and innovatively introduces a dual-screen design, breaking the limitations of the mobile phone industry in the field of screen design. It is deeply recognized and praised by the industry and consumers.

　　There is also the Flyme system that must be mentioned when it comes to Meizu. As Meizu’s original system, it provides a strong internal support for the high quality of Meizu mobile phones. The smooth running experience, user-friendly interaction design, and changeable and fast function operation all inject an irreplaceable soul gene into the quality of Meizu mobile phones. The perfect combination of Flyme and dual-screen design brings users a new scene experience in both design appearance and user experience. It is truly a design and product for users, and it shows Meizu’s sincere original intention.

　　From the design to the craftsmanship to the Flyme system, it can be seen that Meizu has a serious attitude and craftsman mentality when it comes to the opposite product. And such quality, among similar products, the price is actually more sincere. Generally, products of the level of Meizu Pro 7 have long been priced beyond the actual value of the product. And Pro 7 is based on the principle of one heart to the user, and the price starts at 2499. Properly pricing a high-end model as a "cost-effective" model shows Meizu’s sincerity.

　　All along, in the face of the turbulent world, Meizu has not been affected, does not follow the trend, does not deliberately imitate, but adheres to its own philosophy, forges its inner spirit into the product, and speaks with strength. It is precisely because of this seriousness that it is able to make a high-quality product like Pro 7, which is widely recognized and loved by consumers.

　　Meizu mobile phones have always been in the spirit of ingenuity, developing products that are truly tailor-made for consumers. It is precisely because of this that when other brands are taking advantage of the time to release new products at the end of the year, Meizu has always been calm and does not act rashly. We have reason to believe that Meizu is brewing a big move for the upcoming 15th anniversary. And from the habit of Meizu always liking innovation and creating high-end quality products, the new machine will definitely bring satisfactory surprises, and also let us give a little more time to our attentive products and look forward to Meizu’s new works together.

BITECH On March 24th, the 02 Hatchback Plus/Pro model will be launched today. The two new models are equipped with a Drive-E 2.0TD T4 turbocharged engine and are matched with a 7-speed wet dual-clutch transmission. Their launch will not only enrich their product line, but also lower the price threshold and provide more choices to consumers. On June 1st last year, the 02 Hatchback Halo model was announced, with a price range of 17.68-18 1,800 yuan.

It is reported that the 02 Hatchback Plus/Pro will be basically the same as the Halo in terms of styling, and offer gray, black and white paint options. The Plus roof is the same color as the body, and the Pro is designed with a roof-to-body color. In addition, both new cars are equipped with 19-inch Goodyear Eagle F1 sports tires, and the interior is unified in a black minimalist style.

In terms of configuration, the 02 Hatchback Plus/Pro is equipped with 17 ADAS safety driver assistance systems and direct intelligent tire pressure monitoring functions. The configuration on the Halo model has been optimized and upgraded on the Plus/Pro model.

Including OTA online self-service upgrade, mobile app vehicle assistant, car-home interconnection, one-click custom button of steering wheel and car Wi-Fi connection function at any time. The car system is upgraded to E03 chip, the operation response is faster and the experience is smoother.

In the power part, the 02 Hatchback Plus/Pro is equipped with a Drive-E 2.0TD T4 turbocharged engine with a maximum output power of 190kW and a peak torque of 300N · m. In the transmission part, it is matched with a 7-speed wet dual-clutch transmission. The official comprehensive fuel consumption of 100 kilometers is 6.4L.

In the test list of Easy Car, the 02 Hatchback Halo model equipped with Drive-E 2.0TD T5 turbocharged engine, matched with 8-speed automatic transmission, has a 100-kilometer acceleration time of 7.43s and a braking distance of 36.87m. Four data, including 100-kilometer fuel consumption and Elk test, all ranked second in the same class, after the eighth-generation Golf, showing good competitiveness. On the Plus/Pro model, the new car will be equipped with Drive-E 2.0TD T4 turbocharged engine, matched with 7-speed wet dual-clutch transmission. How each test project performs, please pay attention to the detailed test experience brought by the follow-up test of Easy Car.

　　In response to the short-selling agency’s report that Evergrande had never made a profit, China Evergrande announced on the Hong Kong Stock Exchange on the morning of December 4 that the report had no actual basis.

　　On the morning of December 4, China Evergrande Hong Kong shares fell by more than 4%. As of 9:56, China Evergrande Hong Kong shares rose by more than 5%.

　　Evergrande will further clarify

　　On the morning of December 4, China Evergrande issued a clarification notice on the Hong Kong Stock Exchange, stating that the company noticed that an institution published a report on December 1, 2023 that the company had never made a profit. The report has no actual basis, and the company will further clarify the content of the report later.

　　On December 1, GMT Research, a short-selling agency, published a report that pointed out that the delayed release of China Evergrande’s 2021 annual report clearly reflects the company’s obvious exaggeration of revenue and profitability, and it is likely to continue to exaggerate for many years. Evergrande may have basic problems or even never made a profit.

　　Operating loss in the first half 17.38 billion yuan

　　On August 27, China Evergrande released its semi-annual report for 2023. During the period, revenue was 128.20 billion yuan, an increase of 44% year-on-year; gross profit was 9.80 billion yuan, an increase of 38% year-on-year. During the period, the operating loss was 17.38 billion yuan, the non-operating loss (including litigation, land recovery, equity disposal and other losses such as asset appraisal impairment) was 15.03 billion yuan, and the income tax expenditure was 6.84 billion yuan. The total net loss was 39.25 billion yuan. In addition, Evergrande’s cumulative sales so far this year are about 40.50 billion yuan, an increase of 123% year-on-year. As of June 30, Evergrande’s land reserves reached 190 million square meters, and there were 78 old renovation projects (34 in Shenzhen).

　　A few days ago, China Evergrande disclosed the update announcement of Evergrande Real Estate involving major litigation and failure to pay off due debts. The announcement shows that as of the end of October 2023, Evergrande Real Estate had a total of 2002 pending proceedings with an amount of more than 30 million yuan, and the total amount of the underlying amount was about 470.755 billion yuan. As of the end of October 2023, Evergrande Real Estate had completed a total of 75 real estate projects through equity transfer, land and construction transfer, trust, and holding.

　　During October 2023, Hengda Real Estate added 100 pieces of information to be executed as of the deadline set out in the previous announcement, and the total amount of new execution was about RMB 6.617 billion yuan.

　　As of the end of October 2023, Hengda Real Estate and its subsidiaries within the scope of the merger involved a total of about 301.363 billion yuan in unliquidated maturing debts, and a total of about 2059.33 billion yuan in overdue commercial tickets.

　　In addition, China Evergrande disclosed the "Litigation Information" on November 29, 2023, and China Evergrande noted the announcement issued by Evergrande Property Group Co., Ltd. (a subsidiary of China Evergrande) on November 28, 2023, regarding its subsidiary Jinbi Property Co., Ltd. (referred to as "Jinbi Property"), including China Evergrande and three related subsidiaries, for the enforcement of its 2 billion yuan deposit certificate pledge guarantee by the bank. Approximately 1.9963125 billion yuan and approximately 152.0628 million yuan of provisional interest.

　　As of the date of the above announcement, China Evergrande and its related subsidiaries have not received notice of the lawsuit filed by the Intermediate People’s Court of Guangzhou City, Guangdong Province, China regarding Jinbi Property. China Evergrande will seek legal advice to safeguard the legal rights of China Evergrande. China Evergrande will issue further announcements on any material progress of the above litigation in due course. (Dong Tim)

　

1905 movie network feature After flipping through the 2023 calendar page by page, we have come to the end of November. In the remaining two months of 2023, more than 30 new films have been officially finalized.

2023 is a year of rapid recovery of the film market, but also a year of frequent explosions in the film market. In 2023, the total box office of the film is about to break through the 50 billion mark. What kind of expectations will the upcoming more than 30 new films bring to the audience?

01.Drama bone drama, theme surprise, detonation of November movie viewing expectations

Among the many movies to be shown in November, the genres can be said to cover all aspects, including action, comedy, suspense, love and other genres. Among them, the two movies with the highest number of people wanting to see in November are and.

2023 is known as the golden year of crime films. Whether it is a hit film or a film with high social discussion, it has attracted the attention of the audience.

On the one hand, "Involved in the Sea of Anger" took advantage of this year’s crime film boom, and on the other hand, it played the first warning in the history of the Chinese mainland screen "It is recommended that audiences under the age of 18 watch as appropriate". The combination of the two greatly raised the audience’s expectations for the scale and plot of the film.

The release of the clips of the blockbuster drama with the two of them made the spiciness of this "sea of anger" pervade the audience in advance.

In the film, Huang Bo seems to have returned to the oily-faced underclass people of the era. Freed from the shackles of the social middle class, when he saw his daughter who was stabbed 17 times lying cold in front of him, he once again issued a cry of grief from the bottom of his life.

And Zhou Xun also swept away the cool and artistic screen image in recent years, playing a mother who guards her son and is almost crazy.

As the scenes of the two opposing and killing each other in the film are released one by one, the final outcome of the showdown between the two "ruthless people" is gradually becoming the most anticipated flashpoint for the audience.

Another highly anticipated film, "I Am High Mountain," is based on the touching story of Zhang Guimei, a teacher in the mountainous area, who helps female students in the mountainous area get out of the mountains.

In the trailer released so far, Haiqing’s high degree of restoration of the image of Principal Zhang has become an important reason for the soaring number of people in the film. This restoration is not only the closeness of the image, but also the inconvenient legs of Principal Zhang and the slightly hunched waist have permeated Haiqing’s performance.

In addition to stripping away the restoration of images and stories, the most anticipated reason for "I Am a Mountain" is that it records Zhang Guimei’s state of mind and thinking as a woman in the dead of night.

Did she regret her choice? Did she ever hesitate for a moment when she understood her mission as a teacher? These true reflections on Zhang Guimei’s life are also worth the audience’s expectation.

02.Movie model workers and leading year-end Chinese films

In terms of filmmakers, two movie models emerged – Zhang Yi and Andy Lau, who each have three films to be screened at the end of the year.

Zhang Yi, who focuses on the keyword "breaking the comfort zone". His three pending films are family road movies, spy mystery movies and crime movies.

In "Priceless Treasure," Zhang Yi plays a low-class person who is forced to take care of the daughter of a creditor during the process of demanding wages, and in the process plays many stories of warm Maimai. Zhang Yi’s role as a "father" for the first time on the big screen is worth watching. How he will perform it is worth the audience’s expectation.

From the genre point of view, "The Tip of the Knife" is more like a combination of harmony. In this comfort zone of Zhang Yi, whether he will try a new type of performance, and how to interpret the complex role of "Jin Shenshui" into various levels, is the most worthy proposition for Zhang Yi fans.

In "Three Battalions," the most talked-about of the three films to be released, he will continue the "unsuccessful" police officer image of the 2023 blockbuster drama, playing a police officer who has gone from high-spirited and domineering to cautious but still passionate.

At the same time, he will also play on the same screen in "Three Battalions", and the continuation of the front line between the two has caused the film to have enough "tap water" attention before it was released.

On the other hand, Andy Lau’s keyword at the end of the year is "new classics".

Among his three pending films is a comedy, directed by Mr. Lau, who will work together again 18 years later. In "Mr. Red Carpet," a darkly humorous adaptation of 999 true events, Andy Lau makes his superstar debut and introduces various ironic episodes on the road to stardom. He removes some of the fig leaf of the entertainment industry and aims to provide the entertainment industry with a pot of "steaming" hot reviews.

In his old business, Hong Kong films, he is also about to sweep away the rumors and gloom of "Hong Kong films are dead" and contribute ultra-high-quality performances in Hezhong.

In "Goldfinger", the audience will see Andy Lau and the same frame after 20 years of absence. After the baptism of time in the film market for 20 years, this time the audience will have a deep look back on the feelings of Hong Kong films.

"Stealth" staged a wonderful drama of three generations of Hong Kong people, which is a powerful shot in the arm for the revitalization of Hong Kong films.

Looking at the film market in 2023, box office results and audience satisfaction are constantly refreshing new highs. As of now, the total box office of domestic films is only one step away from 50 billion, but the expectations of all filmmakers and audiences for the achievements of Chinese films in 2023 are far more than 50 billion.

Among the more than 30 films to be screened at the end of 2023, we are looking forward to new dark horses coming out, and we also hope that the strongest team of Chinese films can keep pace with the times and keep close to the audience’s ideas and preferences. We also hope that after healthy competition, the blooming Chinese films can drive the market to heat up again and warm the cold winter of 2023.

In [Easy Car Chengdu Local Auto Market Discount Promotion Channel], we have sorted out the ongoing
Promotions. As a much-talked-about model, the Galaxy L6 is currently offering amazing discounts. The highest discount can even reach 27,000. The minimum starting price is only 93,800. You can get a larger discount by clicking the "Inquire" button in the quotation form. If you are looking for a practical and affordable model, you may wish to find out about the Galaxy L6 discounts.

First of all, from the appearance, the front face of the Galaxy L6 gives people a very young feeling, looking very sporty. The headlights are elegant and eye-catching. The car is equipped with LED daytime running lights, headlights height adjustment, automatic opening and closing, delayed closing, etc. Come to the side of the car, the body size of the car is 4782MM*1875MM*1489MM, the car adopts cold lines, the side circumference presents a clean and refreshing design style, with large-sized thick-walled tires, the shape is quite cold. In the rear part of the car, the rear looks very hard, the taillights are more delicate and elegant.

Inside the Galaxy L6, the front face of the Galaxy L6 looks very domineering and rich in functions. The steering wheel of the car is well designed, made of leather material, and the shape is very combat. From the central control point of view, the car is equipped with a stable and atmospheric touch LCD central control screen, which makes the interior design quite layered and looks young. Let’s take a look at the dashboard and seats. The car is equipped with a unique dashboard, which creates a more sporty atmosphere. The car adopts imitation leather seats, equipped with seat electric adjustment and other functions, and the overall comfort is good.

The exterior design of the Galaxy L6 is excellent, with smooth lines and stylish and atmospheric shape. Driving it on the road, the return rate is quite high. Moreover, its power performance is also very strong, accelerating rapidly and overtaking easily. What is even more surprising is that the energy consumption performance of this car is also very satisfactory, which can not only meet the daily travel needs, but also effectively reduce the cost of use. It is a very cost-effective car.

When it comes to pickup trucks, a few years ago, people always had the impression that they were tall and powerful, imagining American farmers driving and living a happy life in the garden. Just after the launch of the (picture | configuration | inquiry) series, its rich models fully meet the needs of commercial and professional players, and now it has become the representative of domestic high-end pickup trucks. We can drive it through the desert and mud, and its rich models are enough to meet multiple use scenarios. At this exhibition, the gun brought a brand-new model named "",and we soon had the opportunity to give it a try.

big gunLowest selling price: 91,800; highest price reduction: 0.85 million.

Picture parameter configuration inquiry reserve price

Know the car points3.69Know the car and measure itSpace, performance, etcCheyouquan61,000 riders are hot.Used car72,000 vehicles | 127 vehicles

The artillery is built on the platform of "",which adopts a single row short wheelbase design and can only have two drivers and passengers. Its length, width and height are 4963/1975/1950mm, its wheelbase is 2745mm, its approach angle is 34 degrees, and its departure angle is 26 degrees. The design of short wheelbase greatly improves the passability of the whole vehicle. And with nitrogen shock absorption, the minimum ground clearance is 249mm, and the maneuverability and flexibility of the whole vehicle have also been effectively improved.

The artillery uses the Bailuchi KO2 tire, which is an ALL-TERRAIN tire (commonly known as AT tire) that is very popular among off-road modification enthusiasts. At the same time, this car is equipped with off-road suits such as front winch and wading throat, which makes its off-road performance more outstanding.

At the same time, the gun also has great modification potential. It has reserved five modification interfaces, including roof spotlights, engine room maintenance lights, walkie-talkie reservation, cargo box lighting and power supply modification, and these modification positions have reserved electrical switches, which is more safe and convenient. At the same time, it also comes standard with a 2.5-ton trailer device.

The length, width and height of the container are 1760/1520/540mm, which has excellent loading capacity and also supports the modification of capping. Especially in the off-road vehicle team, it is really suitable to be a support car.

The interior design of the gun is very primitive, the instrument adopts traditional mechanical type, and the audio head also adopts traditional radio and MP3, and the storage compartment left under it can also be used for loading platform or upgrading the original large-screen navigation.

The seat is made of fabric, and the main and auxiliary drivers are manually adjusted. But for cross-country enthusiasts, it really doesn’t matter.

In terms of power, the gun uses a 2.0T engine, with a maximum power of 218 HP and a peak torque of 380N·m, which matches the part-time 4wd of Borgwarner and the electronically controlled differential lock of the front and rear axles, with outstanding off-road performance.

The four-wheel drive mode knob of artillery includes three types: two-wheel drive, low-speed four-wheel drive and high-speed four-wheel drive, and it has three locks and an ultra-short wheelbase, which is more suitable for sand, snow, mud and narrow jungle roads. Driving modes include seven all-terrain driving modes: economy/standard/sport/snow/mud/sand /4L.

In the process of our test drive, the short body of the gun, coupled with the blessing of AT tires, is not only very calm in the face of steep slopes, but also does not have to worry about being in the air like a "balance" at the top of the slope.

In the process of jungle shuttle, it often passes through narrow corners, and the artillery becomes much more flexible in this process. In the process of our test drive, it is even more possible to leave the off-road guns with double typesetting far behind.

It is also very simple to pass through the side slope, basically determining the direction, and the rest can be controlled by the throttle. However, this kind of working condition is relatively the advantage of long wheelbase, which can bring better stability, and the body is more stable when going uphill or downhill sideways, and it is not easy to roll over. However, the difficulty in our cross-country venue is far from being achieved.

The test drive site is also a muddy section that has just rained, and this set of Bailuchi K02 tires also shows excellent grip. The four-wheel drive system can intervene quickly when the wheels slip. In the face of this road section, it is almost effortless, and there is almost no idling of the tires. The overall performance is excellent.

big gunLowest selling price: 91,800; highest price reduction: 0.85 million.

Picture parameter configuration inquiry reserve price

Know the car points3.69Know the car and measure itSpace, performance, etcCheyouquan61,000 riders are hot.Used car72,000 vehicles | 127 vehicles

Summary: Gun, as a vehicle series, was also shown at the test drive meeting, which means that a motorcycle can be loaded in the container, and it supports automatic lifting and loading and unloading functions, which greatly improves the convenience. As far as guns are concerned, the off-road guns, brigade guns and electric guns derived from them are unexpected and impossible. Therefore, at present, guns can achieve monthly sales of over 10,000 yuan, and the whole pickup series has achieved the first sales in export, which has become a matter of course. In short, in addition to SUVs, pickup trucks are no longer limited to the "tool" attribute, but really provide a platform with high playability for enthusiasts. How to change it is up to you.

　　Recently, a news about the "Barrier-Free Day" has caused heated discussions on the Internet, and many netizens have asked: What is the "Barrier-Free Day"? The reporter learned that Ele.me recently announced that August 7 will be designated as the "Barrier-Free Day", and will send benefits to visually impaired users every year from this year.

　　On the day of the free-order festival, the platform offers free-order for visually impaired users: no need to guess the answer, no need to grab time, and no total quota. The first catering order of the day can be free of charge for up to 39 yuan. This is also the second consecutive year that Ele.me has launched a special free-order event for visually impaired users.

　　The sense of participation of minorities, that is, the responsibility of marketing activities

　　According to the data released by the China Disabled Persons’ Federation, the total number of disabled people in our country has exceeded 85 million. The number is huge, but they are rarely seen – because they rarely go out. Because of this, the issue of disabled people has always been a hot topic of attention from all walks of life in the country and society.

　　According to data, more than half of visually impaired people choose to order takeout to solve their daily diet, and more than 70% of visually impaired users use Ele.me. The large visually impaired group relies heavily on takeout apps, so Ele.me has always paid great attention to the experience of visually impaired users, gained insight into the needs of the disabled group, and carried out many benefits and activities for visually impaired users to send warmth to everyone.

　　Barrier-free environment is an important basic condition for facilitating the full participation of special groups such as the disabled, the sick, the elderly, and the young in social life. At the same time, it is also a key factor in improving the quality of life and service level in urban environments.

　　"Will there be free Ele.me this year? There was one last year, and now it’s almost that time again." A user named "Star Magic" posted a question on the Zhidu forum, an online community for the visually impaired. Their discussion has been followed by Ele.me.

　　According to the relevant person in charge of Ele.me, this year’s free-order rules are similar to those of last year. Since Ele.me cannot directly identify visually impaired users, users who have opened the Ele.me App using screen-reading software between July 5 and August 5 (this is the operation of visually impaired people using mobile phones) will automatically enjoy free-order eligibility.

　　Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, recently mentioned that we will continue to promote the results of information accessibility construction and guide 1,735 mainstream commonly used websites and mobile apps to complete the senior-friendly transformation. The implementation of a series of relevant policies and regulations has provided a strong guarantee for the construction of a barrier-free environment in our country, helping all sectors of society to actively participate in the construction of a barrier-free environment and improve the well-being of the people with disabilities.

　　The benefits are not closed, and the care is not stopped. "Last year’s free-order activity for visually impaired users received a very enthusiastic response. Recently, we also saw some netizens concerned about the situation this year in the forum for visually impaired people." The original intention of the free-order activity is to make more people happy, and we will not forget visually impaired users this year, and plan to stick to it every year. "

　　Welfare is one aspect, and more importantly, visually impaired people believe that they are cared for and valued, which is the reason why they are happier.

　　In recent years, our country has continued to introduce relevant policies to promote the construction of barrier-free facilities and services. On June 28, at the third meeting of the Standing Committee of the 14th National People’s Congress, the Barrier-free Environment Construction Law was officially voted and will come into effect on September 1, 2023, providing a strong legal guarantee for the construction of barrier-free environment in our country.

　　From a business perspective, due to the small user base, most companies rarely launch targeted product launches and activities for visually impaired people, making it difficult to customize activities that suit their experience.

　　Therefore, in some large-scale marketing activities, under the conditions permitted by the platform or enterprise capabilities, it is a useful exploration to integrate activities that are more convenient for visually impaired users to participate in. When more and more enterprises join, they can enhance the consensus of disadvantaged groups in social care.

　　As some netizens said in a message, the social treatment of minorities is a silhouette of the degree of civilization in a society. To pay attention to them is to pay attention to everyone, because anyone may become a minority.

　　From helping popular science to supporting merchants, the sense of social responsibility of "playing" free of charge

　　In fact, although giving benefits is a public welfare activity, it hides the attribute of "popular science" behind it. Since the main activity of free shopping is "guessing the answer and free shopping", Ele.me invited many professional institutions, experts and scholars to pose questions, and developed it into a large-scale popular science platform with the help of the traffic of the event itself.

　　For example, on July 20, "China Aerospace News" was invited to publish a popular science project about China’s lunar exploration project, and Shanghai Fire Protection also published a popular science topic about the "trivia" that cannot be placed in the home at will, which is easy to cause fires.

Aerospace experts pose a popular science question about China’s moon landing plan

　　There are also institutions such as Qingdao Anti-Fraud Center, Jinan Ecological Environment Bureau, and China Packaging Federation, which have been invited to provide happy popular science for netizens in the form of questions. The fields are diverse enough, the content is practical enough, and the interaction is interesting enough, so that the participants can sow the seeds of knowledge and curiosity in an unconsciously happy atmosphere.

　　This type of activity exploration has given special groups a sense of inclusive participation, allowing platform companies to root their business development in social needs. This has undoubtedly opened up avenues for other platforms and brands, providing an excellent reference sample.

　　At the same time, free shopping also effectively promotes consumption and drives the growth of merchant orders. Last year’s free shopping activities led to the recovery of orders from a large number of merchants in Shanghai, Changsha and other places. This year, Ele.me invited the Jinzhou Municipal Bureau of Commerce to issue a question to promote Jinzhou BBQ. The topic of Weibo #Jinzhou is the ceiling of the barbecue industry #boarded the hot search, and the reading volume exceeded 110 million that day.

　　Compared with last year, the number of merchants benefiting from free orders this year has increased significantly. The latest disclosure data of Ele.me shows that since the opening of the free order activity on June 21, the participating merchants have exceeded 1.50 million, which is 2.5 times more than last year’s 600,000.

　　The inspiration of free-order public welfare: looking forward to many parties working together to "create festivals"

　　In addition to targeting visually impaired groups, Ele.me also collaborates with merchants to provide benefits to outdoor workers in many places through free-of-charge activities. For example, starting from July 15, Ele.me started a series of cool-off activities in Guangzhou, going to the construction site of Guangzhou Metro Fangbai Intercity Rail Project in Baiyunrenhe to distribute free cold drinks to subway workers who are struggling on the front line. At the same time, Ele.me also set up "cool stations" in many places in Guangzhou, distributing 10,000 free ice drinks for outdoor workers to receive for free; in order to allow workers to survive the hot and hot summer season, on July 23, Ele.me and Zhengzhou Federation of Trade Unions sent hundreds of watermelons weighing about 1,000 kilograms to outdoor workers to relieve the heat and so on at the Huaibei Community Love Station of Huaihe Road Street Office, Erqi District.

　　In fact, the free-order form has a certain appeal to any consumer. It allows consumers to intuitively see the discounts and profits on real money, and there are no extra routines, so it is a success for brands. And if you want to achieve long-term benefits through the free-order economy, you must also focus on higher social value dimensions. The plan given by Ele.me is to combine its own business conduct with social responsibility, and drive merchants to invest in it, laying a solid foundation for the long-term sustainability of its model.

　　As a platform enterprise in the field of local instant e-commerce, Ele.me pays attention to the product experience and well-being of visually impaired people. It can be seen that it has always rooted its business value in social needs, and has therefore harvested good social feedback and market data. Sorting through media reports in recent years, it can be seen that Ele.me is not a whim to create a festival for visually impaired users. In March 2023, Ele.me App was awarded the first batch of excellent cases of Internet application senior-friendly and barrier-free transformation. In addition, Ele.me continues to realize the dreams of visually impaired users by supporting blind school teams and holding blind e-sports competitions.

　　Making benefits for visually impaired users fixed as a festival not only allows more visually impaired people to be seen, but also expresses Ele.me’s firm determination to appeal for the rights and interests of visually impaired people. This can not only drive more brands to participate, but also play a demonstration role in society and build a broader consensus. Perhaps we can imagine that there will be a large number of brands in the future to create a lifestyle consumption festival for visually impaired people.

　　Ele.me said that only when the government, platforms, merchants and other parties work together can the value of the festival be maximized and a sustainable state of long-term development be formed. Ele.me will continue to work with all partners in the ecological chain to make more visually impaired people visible and valued through technological innovation, unique business gameplay and other forms.

　　Reporter | Han Donglin

　　Intern reporter | Tian Mi

　　Text/Guangzhou Daily All Media Reporter Li Chuanzhi

　　Yesterday, the reporter learned from the Foshan Municipal Government Network that Foshan City will revise the "Interim Measures for the Management of Online Booking Taxi Business Services in Foshan City" (hereinafter referred to as the "Interim Measures"), and the exposure draft of the revised draft is currently soliciting opinions from the community. The exposure draft proposes that if a network car-hailing platform company has violated laws and regulations, and after being jointly interviewed twice within 3 months, it still refuses to correct it. After collective discussion by the joint regulatory authorities, it can start the carrier processing process such as suspending the release and removing mobile Internet applications (APPs) from the shelves.

　　authoritative release

　　1. Strengthening supervision: including the removal of APP as a means of punishment

　　According to the exposure draft, if a car-hailing platform company violates laws and regulations and refuses to correct it after being jointly interviewed twice within 3 months, after collective discussion by the joint regulatory authorities, it can start the carrier processing process such as suspending the release and delisting of mobile Internet applications (APPs). In addition, if the mobile Internet applications (APPs) and other carriers of the car-hailing platform company are suspended and delisted, and the above violations continue to occur, the joint regulatory authorities can start the disposition process of stopping internet service, stopping networking or downtime for rectification.

　　So, under what circumstances will online car-hailing platform companies be interviewed? The exposure draft proposes that those who engage in online car-hailing business activities without obtaining an online car-hailing business license or engage in online car-hailing business activities in a disguised form shall be dealt with by the transportation authorities at or above the county level in accordance with laws and regulations. If an online car-hailing platform company that has obtained an online car-hailing business license violates laws and regulations, it shall be dealt with by the departments of transportation, development and reform, public security, economy and informatization, commerce, industry and commerce, quality supervision, human resources and social security, taxation, online information, and the People’s Bank of China within the scope of their respective duties. If the violations involve multiple departments, the relevant departments may conduct joint interviews.

　　2 Security upgrade: APP should not have heterosexual social functions

　　In the exposure draft, Foshan’s security management of online car-hailing continues to be upgraded, and proposes that "the client side application should not have heterosexual social functions, and should have the following safety service functions: the basic attribute information and location information of the vehicle and the driver Real-time sharing function, the third person confirmed by the driver or the passenger in writing can view the vehicle’s dynamic location information during the service process at any time; personal phone encryption function, the passenger and the driver communicate through technical means; ‘One-click call’ function, when the passenger is used in an emergency, the real-time dynamic information of the vehicle and the driver information can be automatically sent to the online car-hailing platform company."

　　In addition, the exposure draft also proposes that the online car-hailing platform company should conduct real-time dynamic monitoring of vehicle operation and service process through the online car-hailing platform and in-vehicle service end point, and should collect personal characteristic data such as driver portraits in real time during operating hours. Compared with the personal identity information of the driver in the background; the in-vehicle service end point should adopt the mainstream operating system compatible with the supervision and service software, and ensure that the normal operation of the supervision and service software at the in-vehicle service end point is not disturbed.

　　At the same time, the exposure draft emphasizes that platform operators should submit the information of drivers and vehicles connected to the network, including online car-hailing and private passenger car-sharing services, to the municipal public security organs at least once a quarter, and the municipal public security organs will conduct background checks in conjunction with the transportation department. For drivers and vehicles that fail the review, platform operators should be fully cleared. Platform operators who are also engaged in private passenger car-sharing information services should refer to the background verification of online car-hailing drivers and relevant regulatory requirements for network access management.

　　3 Model standard adjustment: two types of new energy vehicles will be required from July next year

　　According to the exposure draft, in addition to meeting the conditions stipulated in the Interim Measures for the Administration of Online Booking Taxi Business Services, the vehicles to be engaged in online car-hailing should also meet the following conditions: 7-seat and below new energy vehicles, with a vehicle wheelbase of not less than 2650 mm. From July 1, 2019, the new energy vehicles applying for online car-hailing should be pure electric vehicles or fuel cell vehicles. Register in Foshan, obtain a vehicle driving license issued by the Foshan public security organ, and the date of initial registration and acquisition of the "Motor Vehicle Driving License" to the date of application for the "Online Booking Taxi Transportation License" is less than two years.

　　At the same time, the valid period of the "Network Booking Taxi Transport Certificate" is linked to the service life of the vehicle, and the longest is no more than 8 years. When the mileage of the online car reaches 600,000 kilometers, it will be forcibly scrapped; when the mileage does not reach 600,000 kilometers but the service life reaches 8 years, it will withdraw from the online car-hailing operation, and the municipal transportation authority will cancel the corresponding "Network Booking Taxi Transport Certificate"; when the mileage of the vehicle that exits the online car-hailing operation reaches 600,000 kilometers, it will be forcibly scrapped.

　　In terms of drivers, the exposure draft proposes that drivers who engage in online car-hailing services, in addition to meeting the conditions stipulated in the Interim Measures for the Management of Online Booking Taxi Business Services, should also meet the following conditions: have Foshan household registration or Foshan "Residence Permit"; approved by the examination agency confirmed by the Foshan transportation authority, familiar with Foshan human geography, master passenger transportation services and safety emergency response skills; have obtained Foshan cruise car driver qualification and on-duty operation, serve in Foshan for 3 years without bad integrity records, and have a service quality reputation assessment of AAA or above in the past 3 years, can directly apply for the "Online Booking Taxi Driver’s License", and the driver’s license is valid for 3 years.

　　Department interpretation

　　If you fail the exam within 3 months, you need to resubmit your application

　　Yesterday, the Foshan transportation department made a detailed interpretation of the background of this revision.

　　In view of the fact that some drivers do not take the test at the agreed time, resulting in a waste of test resources, and if they do not take the test for a long time after the background check, the background information may change greatly, so the exposure draft increases the driver’s test time limit in Article 23, and clearly requires the driver to make an appointment for the test at the designated location within 7 working days after receiving the approval information, and complete the test within 3 months.

　　In addition, the exposure draft also strengthened the security background review and public safety maintenance, clear public security organs should network about car drivers and vehicles for security background review, and public security organs in accordance with the law to carry out national security work, prevention and investigation of illegal and criminal activities, network about car platform companies must provide technical support and assistance, truthfully submit data information. Network about car platform companies refuse to perform, the public security organs shall be dealt with according to law; constitute a crime, criminal responsibility according to law.

　　On the evening of January 26th,Publish two…

　　For depositsNotification by the board of directors of enforcementThe company’s wholly-owned subsidiary has filed a lawsuit with the Guangzhou Intermediate People’s Court.

　　Due to the company’s failure to provide sufficient supporting materials for bad debt losses, there is a total risk of underpayment of corporate income tax in 2021 and 2022 of about 650 million yuan and related late fees.

　　In addition, on January 26, the website of the Hong Kong Judiciary revealed that the Hong Kong High Court will hold a hearing at 9:30 on January 29Group winding-up petition hearing. Prior to this, eight applications for adjournment of petition hearings had been filed.

Alert the risk of underpayment of taxes

　　According to the voluntary announcement on the evening of January 26, three subsidiaries of the company, namely Jinbi Property Co., Ltd., Hengda Hengkang Property Co., Ltd. (referred to as "Hengda Hengkang") and Guangzhou Jinbi Huafu Property Co., Ltd. (referred to as "Jinbi Huafu"), have received a notice from the competent tax authorities that the above three companies confirmed the loss of bad debts and made partial pre-tax deductions for the execution of the pledge of 13.40 billion yuan in 2021, 2022 and 2023, and failed to provide sufficient supporting materials for the loss of bad debts. There is a total risk of underpayment of corporate income tax in 2021 and 2022 and related late fees of about 650 million yuan. The notice requires the company and three subsidiaries to correct their declarations.

　　Evergrande Property said that the company has fully reflected the taxes and fees payable in the profit and loss statements for 2021 and 2022, and this correction does not involve retrospective adjustment of previous financial data and does not affect the relevant annual net assets and profits.

File a lawsuit in court

　　According to Hengda Property’s announcement, a wholly-owned subsidiary of the company has filed seven lawsuits with the Guangzhou Intermediate People’s Court regarding the enforcement of the deposit pledge.

　　Hengda Hengkang 1.70 billion yuan deposit certificate pledge guarantee wasThe company’s wholly-owned subsidiary Hengda Hengkang has filed a lawsuit against Zhiluo Sheng (Guangzhou) Agriculture Co., Ltd. (referred to as "Guangzhou Zhiluo Sheng"), Guangzhou Chenxiyu Agricultural Technology Co., Ltd., Guangzhou Fragrant Berry Sweet Agricultural Technology Co., Ltd., Shenzhen Ruiyida Industrial Co., Ltd., Hengda Real Estate and (Hengda Hengkang 1.70 billion yuan responsible party), requiring Hengda Hengkang 1.70 billion yuan responsible party to repay 1.70 billion yuan and provisional interest of about 144 million yuan.

　　In connection with the enforcement of the 1 billion deposit certificate pledge guarantee by Guangzhou Jinbi Hengying Property Services Co., Ltd. (referred to as "Jinbi Hengying"), Jinbi Hengying, a wholly-owned subsidiary of the company, has filed a lawsuit against Guangzhou Mai Cai Meirui Biotechnology Co., Ltd. (referred to as "Guangzhou Mai Cai Meirui"), Guangdong Jingqi Industrial Co., Ltd., Hengda Real Estate and China Hengda (Jinbi Hengying 1 billion responsible party), demanding that Jinbi Hengying 1 billion responsible party repay the amount of 1 billion yuan and the provisional interest of about 84.6917 million yuan.

　　In connection with the enforcement of Hengda Hengkang’s 1 billion yuan deposit certificate pledge guarantee, Hengda Hengkang has filed a lawsuit against Guangzhou Zhiluo Sheng, Guangzhou Mai Cai Meirui, Guangzhou Qianfenghui Agricultural Technology Co., Ltd., Guangzhou Jinsui Agricultural Technology Co., Ltd., Guangzhou Xinyuan Investment Co., Ltd. (referred to as "Guangzhou Xinyuan"), Hengda Real Estate and China Hengda (Hengda Hengkang 1 billion yuan responsible party), demanding that Hengda Hengkang 1 billion yuan responsible party repay 1 billion yuan and provisional interest of about 76.0719 million yuan.

　　In connection with the bank-enforced recovery of approximately 2 billion yuan of the deposit certificate pledge guarantee of Jinbi Hengkang Property (Beijing) Co., Ltd. (referred to as "Jinbi Hengkang"), Jinbi Hengkang, a wholly-owned subsidiary of the company, has filed a lawsuit against Tianjin Hushang Trading Co., Ltd., Tianjin Junwei Industrial Co., Ltd., Guangzhou Xinyuan, Evergrande Real Estate and China Evergrande (Jinbi Hengkang 2 billion responsible party), demanding that Jinbi Hengkang 2 billion responsible party repay about 2 billion yuan and provisional interest about 153 million yuan.

　　In relation to the recovery of the 700 million yuan deposit certificate pledge guarantee enforced by the bank, Jinbi Hengying has filed a lawsuit against Shenzhen Runjintong Supply Chain Co., Ltd., Shenzhen Shengjiazhe Trading Co., Ltd., Guangzhou Xinyuan, Evergrande Real Estate and China Evergrande (Jinbi Hengying 700 million yuan responsible party), demanding that Jinbi Hengying 700 million yuan responsible party repay 700 million yuan and the provisional interest is about 53.4985 million yuan.

　　In relation to the recovery of about 2.70 billion yuan of the deposit certificate pledge guarantee by the bank, Jinbi Huafu, a wholly-owned subsidiary of the company, has sued Guangzhou Tongfu Agriculture Co., Ltd., Shanghai Panlong International Trade Co., Ltd., Guangdong Minhui Supply Chain Management Co., Ltd., Shenzhen Bohong Supply Chain Co., Ltd., Guangzhou Juhong Agricultural Technology Co., Ltd., Guangzhou Xinyuan, Hengda Real Estate and China Hengda (Jinbi Huafu 2.70 billion responsible party), demanding that Jinbi Huafu 2.70 billion responsible party repay about 2.70 billion yuan and temporarily accrue interest about 206 million yuan.

　　In relation to the recovery of the 2.30 billion deposit certificate pledge guarantee enforced by the bank in Guangzhou Jinbi Family Property Services Co., Ltd. (referred to as Jinbi Family), Jinbi Family, a wholly-owned subsidiary of the company, has filed a lawsuit against Guangzhou Jiacheng Zhixing Trading Co., Ltd., Zhejiang Tongxin Trading Co., Ltd., Shanghai Zhouhang International Trade Co., Ltd., Dalian Jiuyi Chunqiu Trading Co., Ltd., Guangzhou Xinyuan, Hengda Real Estate and China Hengda (Jinbi Family 2.30 billion responsible party), requiring Jinbi Family 2.30 billion responsible party to repay 2.30 billion yuan and the provisional interest of about 174 million yuan.

　　Evergrande Property has received the notice of formal acceptance of the case by the court on January 25, 2024. As Guangdong Jingqi Industrial Co., Ltd., Shenzhen Runjintong Supply Chain Co., Ltd. and Guangzhou Tongfu Agriculture Co., Ltd. have been cancelled respectively, the company will consider additional litigation against the shareholders of the companies concerned. According to the analysis of the board of directors and its legal advisors, the litigation will not have a material adverse impact on the company’s daily operations. The company will continue to make every effort to recover the relevant deposit pledges and will make further announcements in due course on any material progress of the above litigation or any other actions the company will take.

Facing a winding-up petition hearing

　　Separately, on January 26, the Hong Kong judiciary’s website revealed that the High Court would hold a hearing on the winding-up petition against China Evergrande Group at 9.30pm on January 29. Justice Chan Ching-fen will hold a hearing on a potential regulatory order at 2.30pm on January 29. Such a regulatory order would mean that the court would oversee the winding-up process, which could include the appointment of a liquidator.

　　Prior to this, China Evergrande had submitted eight applications for adjournment of the hearing of petitions. On June 28, 2022, China Evergrande announced that Top Shine Global had filed a winding-up petition against the company with the Hong Kong High Court on June 24, 2022, involving a debt amount of approximately HK $862.50 million.

　　The last postponement notice was issued on December 4, 2023. The relevant notice shows that the High Court of Hong Kong granted the company’s postponement application on December 4, 2023, further adjourning the hearing of the petition to January 29, 2024.

　　Wind data shows that as of the close of January 26, China Evergrande closed at HK $0.206/share, a decline of 4.63%; Evergrande Property closed at HK $0.4/share, a decline of 5.88%.